Bank of China US Branches Go Live with Fenergo Client Lifecycle Management Solution
- 7 years 5 months ago
- Management, Banking, Infrastructure
Fenergo, the leading provider of Client Lifecycle Management solutions for financial institutions, announced today that the BoC US Branches, subsidiaries of the 4th largest bank in the world, have gone live on its Client Lifecycle Management platform, Fenergo CLM.
Token.io is the first PISP for all CMA9 Banks
- 7 years 6 months ago
- Transaction Banking, Payments
Turnkey open banking platform provider, Token.io Limited, today announces it is the first Payment Initiation Service Provider (PISP) to conduct an end-to-end payment with public bank APIs for each of the CMA9, a group of the nine largest banks and building societies in Great Britain and Northern Ireland. Reaching this milestone makes the UK the only region in the world with open and functioning Open Banking APIs.
SAP Concur: UK research throws accuracy of mileage expenses into doubt
- 7 years 6 months ago
- Management
Almost two thirds of respondents do not query mileage expenses in the sign-off process Research from SAP Concur, the world’s leading provider of expense, travel and invoice management solutions, has cast doubt over the accuracy of thousands of mileage expense claims across the UK. After surveying hundreds of business employees responsible for authorising claims, a worryingly high 59 per cent of respondents stated that mileage expenses were... more
Vayana Network enables $1 bn in Trade Financing
- 7 years 7 months ago
- Trade Finance
Vayana Network, India’s largest 3rd party Short-Term Trade Finance (STTF) platform, today announced crossing the USD 1 billion mark of trade financing on its network. Vayana’s simple, cloud-based Network enables businesses and their trade partners get easy, digital and fast access to financing from Financial Institutions (FIs), such as Banks and NBFCs, at better than market rates.
Trade finance distribution platform Tradeteq secures US$6.3mn in seed extension funding
- 7 years 7 months ago
- Trade Finance
Tradeteq, the trade finance distribution platform, has raised US$6.3mn of equity investment in seed extension funding round, led by ADV. The financing will be used for the expansion of Tradeteq’s platform, and for the release of new applications and data services. Several of Tradeteq’s existing investors also participated in the seed extension round.
Jackson National Asset Management selects GoldenSource
- 7 years 7 months ago
- Management, Data
GoldenSource, the global provider of Enterprise Data Management, has announced that it has been selected by Jackson National Asset Management (JNAM) to provide a fully hosted and scalable data management platform.
Equiniti to work with the Information Commissioner's Office (ICO)
- 7 years 7 months ago
- Management, IT Innovations
Equiniti Group, the multinational specialist technology outsourcer providing non-discretionary payment and administration services, is delighted to announce that it has been selected as one of the Information Commissioner Office’s (“ICO”) partners for IT solutions.
IDG Ventures, Jungle Ventures backed Vayana Network enables $1 bn in Trade Financing
- 7 years 7 months ago
- Trade Finance
Vayana Network, India’s largest 3rd party Short-Term Trade Finance (STTF) platform, today announced crossing the USD 1 billion mark of trade financing on its network. Vayana’s simple, cloud-based Network enables businesses and their trade partners get easy, digital and fast access to financing from Financial Institutions (FIs), such as Banks and NBFCs, at better than market rates.
Cash Automation Technology Helps Retailers Protect Cash and Staff
- 7 years 7 months ago
- Cash management
New study on cash automation presents in-depth insights from retailers in 13 countries on technology which counts, validates and stores banknotes, and which is capable of fully automating cash management in stores. Security considerations drive retailers to invest in automation of cash processing
The largest B2B & B2C event Traders Fair & Gala Night Singapore
- 7 years 7 months ago
- Trade Finance
SINGAPORE – The largest B2B & B2C event Traders Fair & Gala Night Singapore organized by FINEXPO is going to take place on October 26, 2018 at Suntec Singapore Convention & Exhibition Centre. Traders Fair & Gala Night Singapore is about to become the biggest world Financial Expo-Forum covering Financial and FX Trading Industry as well as it claims the role of the most favorable way to build up the business connections and widen... more
Report recognizes Finastra for both banking book and trading book operations
- 7 years 8 months ago
- Trade Finance, Banking
Finastra has been positioned as a Category Leader in the Chartis RiskTech Quadrants for both banking book and trading book credit risk solutions. The rankings are featured in a recent report published by Chartis, titled Technology Solutions for Credit Risk 2.0, 2018, which assesses the technologies that are addressing the speed, flexibility and risk profile of the lending market.
SmartStream signs Jumhouria Bank of Libya
- 7 years 8 months ago
- Transaction Banking, Reconciliation
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announced Jumhouria Bank, the largest bank and branch network in Libya, has signed a deal forSmartStream’s Corona solution for the delivery of intra-day reconciliations management across cash, cards, branch, central bank and payment transactions.
Barclaycard introduces co-branded business trade card in the UK
- 7 years 8 months ago
- Cash management
Barclaycard, which has helped make businesses successful for more than 50 years, is partnering with selected companies of the Travis Perkins Group to launch a new range of co-branded business credit cards. The rollout of the new cards kicks off with Travis Perkins and Toolstation this month.
BNP Paribas Asset Management selects Link Asset Services as debt servicer for new SME Alternative Financing platform
- 7 years 8 months ago
- Transaction Banking, Asset Management, Investment Management
BNP Paribas Asset Management (BNPP AM) has appointed Link Asset Services as the debt servicer for its new SME Alternative Financing platform. The SME Alternative Financing platform, currently operational in the UK, will invest through direct loans to finance ambitious projects for SME companies, complementing lending by domestic commercial banks to finance their growth. The platform has already successfully closed its first loan in the UK.
Addison Lee Employment Appeal Tribunal against driver's employment classification set for Thursday 21 June
- 7 years 8 months ago
- Management
One would hope after the high level of employment tribunal victories centring around precarious, gig and bogus self-employment that companies, apps and investors would have learned by now, said GMB London On Thursday 21st June, an appeal from Addison Lee will be heard in an Employment Appeal Tribunal against the ruling last September that Addison Lee’s drivers where to be classified as workers.
